COTI formed bullish Shark for the next pumpHi dear friends, hope you are well and welcome to another new trade setup of COTI coin with US Dollar pair.
Our last successful trade of COTI was the below one, which was almost 60% pump:
Now on a 4-hr time frame, COTI has formed a bullish Shark for the next bullish reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
COTIUSDT trade ideas
COTI Possible Playout Chart The price movement of COTI is predicted to experience a decline due to the update on treasuries by the COTI network, which will be implemented on August 1, 2023. The discontinuation of the staking multiplier feature is causing holders to sell their assets. Currently, COTI is potentially going to experience a decrease to $0.04 in the next 1-2 weeks, with an estimated percentage decrease of -12%. Therefore, it is advisable to wait and see for now. #DYOR (Do Your Own Research).
COTI (Y23.P2.E1). Macro goldern fib. levelsHi Traders,
On this chart, it seems that we have the fib extension of 1.618 further down and we have the fib macro level of 0.618 on the weekly here if we include the wicks.
For now, I think the pattern also suggests both levels are relevant.
Averaging in here based on the weekly chart makes sense.
Regards,
S.SAri
another fib perspective
Exaggerated Bearish Divergence for COTI @ 15mins time frameExaggerated Bearish Divergence can be formed when there is Double top on Price and when Relative Strength Index(RSI) is making Lower Highs and forming a Descending Triangle Pattern. Took position on 0.04827, and put a stop loss slightly above 50ma.
COTIUSDT Profit-Taking of 120% with a Strong Buying Case💎#COTIUSDT has recently displayed promising price dynamics, indicating the formation of a potential bottom at the psychological support level of $0.0400. Subsequently, the price surged above the long-term demand level at $0.0500, transforming it into a significant support-turned-resistance zone. This price area has garnered substantial interest from buyers, making it a focal point of market attention.
💎 As long as the price remains above $0.0500, #COTI presents an exceptionally attractive buying opportunity with considerable growth potential and a favorable risk-to-reward ratio. The profit potential exceeds the associated risk, with the possibility of achieving a 120% increase above the current demand zone. It is important to note that a complete bullish invalidation would only occur if the price breaches the psychological support at $0.0400.
💎 However, when considering profit-taking strategies, it is crucial to be aware of two significant resistance areas. The first notable resistance lies at $0.09, which coincides with the 50% Fibonacci retracement level and the downtrend trendline. The second resistance zone is characterized by a double Fibonacci resistance, aligning with the long-term supply area.
💎 The MCP team is closely monitoring #COTI, prepared to take action at the opportune moment. To stay up-to-date with our actual trades and benefit from exclusive insights, we invite you to subscribe to our VIP channel. Stay informed and seize the potential, Paradisers!
COTI S&R in long term Technicaly Pattern>>>>>>I Have Tried My Best to Bring the best Possible outcome in this Chart.
Based on the COTI chart's,
We still wating for break's short term supply and downtrend's midline channel's for prove can start short term upside rally price by short TP...
But show some positive movement's in shorter time frame,
that start short updide rally did not happen until now.
It's Not a financial advise.
PLZ DYOR
With hopping success>>>>>
✴️ COTI Major Bullish Setup (120%+ Easy Potential)COTI is coming out of new All-Time Low hit last month on June 10.
After this ATL we have higher lows and suddenly yesterday the biggest volume bar since January 2023, also one of the biggest daily buy volume in the history of this pair, this is a strong signal.
After seeing this new ATL we can say that all the sellers are satisfied, with the bearish over/complete, a new trend can now develop and that is up.
We are looking at weeks or even months of sustained growth.
Months, we are yet to see, but it is easy to see COTIUSDT grow for weeks.
Easy 100%+ potential and beyond .
"Beyond"... There will be more.
Namaste.
COTI Possibility Trade Setup>>>>>>>I Have Tried My Best to Bring the best Possible outcome in this Chart.
Everything's We need marked on the chart.
PLZ follow market trend and set SL at first.
Short term important area's cleared for this setup.
It's Not a financial advise.
PLZ DYOR
With hopping success>>>>>>
COTI Trade Setup: Capitalize on 40% Profit Potential with StrongCOTI Trade Setup: 40% Profit Potential on Coin with Strong Support
The COTI trade setup presents an opportunity to potentially capitalize on a 40% profit gain. COTI coin, known for its innovative blockchain technology and decentralized payment solutions, currently finds itself in a favorable position with strong support.
COTI's price chart indicates a significant level of support, suggesting that buyers are stepping in to prevent further price declines. This support acts as a cushion, providing a solid foundation for potential price appreciation.
Furthermore, COTI's recent performance and market sentiment are encouraging. The coin's underlying technology has garnered attention and recognition within the cryptocurrency community, making it an attractive investment choice.
Considering these factors, there is a strong possibility of witnessing a price surge in the near term. Traders and investors who seize this opportunity could potentially reap significant rewards, with a projected profit of 40% based on current market conditions.
However, it is important to exercise caution and conduct thorough analysis before making any trading decisions. Market conditions can change rapidly, and the value of any investment is subject to market volatility.
Remember to stay informed about COTI's developments, monitor market trends, and consider setting appropriate stop-loss orders to manage potential risks. Always ensure that your trading strategy aligns with your individual risk tolerance and investment goals.
Disclaimer: This description is for informational purposes only and should not be construed as financial advice. Trading cryptocurrencies involves risks, and it is essential to conduct your own research and consult with a financial advisor before making any investment decisions.
TRADE OF THE DAY | COTI | Looking like an easy 8.2% ShortTRADE OF THE DAY | COTI | Looking like an easy 8.2% Short
| TARGETS ON THE CHART |
Not a crazy complex trade set up here a key rejection from the 20 Daily EMA along with a strong bearish divergence showing with a conservative target to the most recent strong support. Fortunately the Stop lines up nicely with the most recent swing high too for a 1:1 R:R.
COTI must hold $0.0694COTI is getting very close to the absolute bottom and it must bounce off $0.0694 (orange line).
If it does not then the next level is $0.0621 (red line)
We can see that COTI has been in a down trend for almost a month now, the MACRO has not been good for the market but COTI has been hit especially hard.
It has to bounce back.
So, in summary, if we break below $0.0694 then there is definitely more pain in the future.
If we manage to bounce off that level we should be able to reclaim $0.0800
Of course if we recover, the speed of the recovery will depend on the rest of the market, but if we break levels then we will dump fast.
Long CotiCOTI is currently holding a crucial support level, indicating a potential bullish trend with the money flow still in the green. Additionally, the VWAP is showing a positive reversal, which suggests a strong move towards the upside. My target for this trade is the 1.618 fibonacci level, which I believe COTI has the potential to reach.
This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD , RSI , Momentum, and resistance/support zones combined with patterns.